4 Top Canadian AI Stocks You Need to Look at for May 2024

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Artificial Intelligence (AI) has been creating a lot of excitement lately, and investors have been diligently searching through Canadian stocks for the next remarkable AI share. In the current era, AI is gaining more and more significance, with consumers frequently engaging with technology powered by AI.

So what are the best Canadian artificial intelligence stocks to buy now?

CGI Group (TSE:GIB.A)

CGI Group (TSE:GIB.A) is a global IT service provider. It is one of the largest tech companies in Canada and operates in more than 40 countries.

While it may not get as much attention as some of its high-flying peers, CGI Group has been an outstanding stock. Over the past decade, CGI Group has returned ~350% and has a compound annual growth rate of 16%.

Delivering those types of returns over an entire decade is no easy feat.

CGI Group dubs itself a “trusted AI expert” in that it helps clients implement end-to-end AI solutions. From…

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